China's largest clean energy corridor sees 7 pct power growth in 2024

The world's largest clean energy corridor, consisting of six mega hydropower stations on the majestic Yangtze River, achieved a more than 7 percent increase in power generation in 2024, bolstering China's green energy transition, according to China Three Gorges Corporation on Thursday.

The six hydropower stations - Wudongde, Baihetan, Xiluodu, Xiangjiaba, Three Gorges Dam, and Gezhouba Dam, all run by the corporation, facilitate the transmission of electricity from the resource-rich west to the energy-demanding eastern areas.

Four of them - Wudongde, Baihetan, Xiluodu, and Xiangjiaba - are located on the Jinsha River, the upper section of the Yangtze River, while the other two - Three Gorges Dam and Gezhouba Dam - are on the middle section of the Yangtze.

In 2024, these hydropower plants generated a total of about 295.9 billion kilowatt-hours (kWh), a 7.11 percent increase from the previous year. This saved the equivalent of 89.24 million tons of standard coal and reduced CO2 emissions by 240 million tons.

Stretching 1,800 kilometers, the corridor has a vertical drop of over 900 meters and a total installed capacity of around 71.7 gigawatts, equivalent to that of three Three Gorges dams, the world's largest hydropower project.

The optimized navigational conditions in the reservoirs have also significantly boosted the economic value of the Yangtze River as the golden waterway, with throughput at the Three Gorges dam reaching 159 million tons in 2024.

China's largest clean energy corridor sees 7 pct power growth in 2024

China's largest clean energy corridor sees 7 pct power growth in 2024

China's largest clean energy corridor sees 7 pct power growth in 2024

China's largest clean energy corridor sees 7 pct power growth in 2024

China's largest clean energy corridor sees 7 pct power growth in 2024

Indonesia's accession to BRICS is expected to significantly enhance its economic growth, said an Indonesian expert on Wednesday after the announcement of the country’s membership.

The Indonesian Ministry of Foreign Affairs on Tuesday issued a statement, hailing its full BRICS membership and emphasizing the country's commitment to fostering a more inclusive and equitable global order through multilateral cooperation.

Its statement came after Brazil, as the BRICS chair this year, announced one day earlier the official entry of Indonesia as a full member into BRICS.

Mohammad Faisal, executive director of Indonesia’s Center of Reform on Economics, expressed optimism about the potential benefits.

"The new government has set an ambitious economic growth target of eight percent. Joining BRICS will provide a significant impetus to achieve the goal. It needs Indonesia to make extraordinary efforts, particularly in attracting investments. While Indonesia has already attracted substantial investment inflows, there is still room for further growth," he said.

Faisal said cooperation with BRICS members like China will bring more trade opportunities, foreign investments and technologies to Indonesia, promoting the sound development of the country’s domestic economic ecosystem.

He said BRICS countries can expand their cooperation into new areas through the integration and complementarity of their strengths.

"Looking ahead, the Indonesian government plans to further develop downstream industries, as well as agriculture, plant cultivation, fishery, livestock farming, and forestry. This will create more opportunities for cooperation with China, extending beyond current partnerships in infrastructure and nickel smelting to more areas," said Faisal.

Joining BRICS to help boost Indonesia's economic growth: expert